nifty continues in its short term downtrend.
again an initial movement toward 5000 intraday possible due to weak global mkts.
4925/4940 thereafter still has a chance and will be imp on closing basis. hence not sure of reaching 4800 immediately in a couple of days.
resistances are placed well far above(near ones being 5094/5118) so the mkt has to do a lot on upperside to turn into near to short term bullishness even if any bounce comes after this downtrend gets over(maybe near or before friday). updates later.
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past short term calls follow-up/performance***(stocks to watch)
date,stock,reco price,high,% gain at high
***all analysis are based on self chart study only, actual trading gains may vary.
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Twitter nifty intraday trading Updates
Monday, January 25, 2010
mkt ahead...25th jan 2010...
Posted by
abhay r somkuwar
at
8:06 AM
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1 comment:
Thank you very much for the updation in a simple manner..
Regards
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